
Nashville, TN 37211
This Investment-Grade Condominium is listed at $130,000, positioned accurately at its $129,943 Fair Market Value for a stable entry into the Nashville market. Currently maintaining a Condition Rating of 4, the interior offers functional updates including LVP flooring and subway tile within a 1,096-square-foot layout. While zoned for Paragon Mills Elementary, the property’s primary strength is its cash-flow potential, supported by a $1,500 per month median rent in the 37211 zip code. This high-yield asset represents a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking for affordability near the city core.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 270 Tampa Dr G20 Subject | $130,000* List Price | 2 | 2 | 1,096 | $119 | - |
A 370 Wallace Rd C14 Sold | $155,500 | 2 | 2 | 1,020 | $152 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this property has undergone some cosmetic 'lipstick' renovations but remains an aged asset. The kitchen features updated subway tile and newer flooring, but retains older white appliances and basic cabinetry. While the living area has updated recessed lighting and LVP flooring, the presence of popcorn ceilings, dated wood paneling, and visible wear on the exterior concrete walkways align with the 'Fair' classification. It is move-in ready but shows signs of being an older unit with occasional updates rather than a full modern renovation.
With a list price of $130,000 and a median area rent of $1,500, this property offers a high rent-to-price ratio that is ideal for investors seeking strong cash flow and a high cap rate.
Situated in the vibrant Harding Place area, the condo offers proximity to Nashville's diverse culinary scene and city action without the high costs associated with living in the downtown core.
The availability of specialized condo financing through preferred lenders makes this an attractive and attainable option for first-time homebuyers or those with specific lending needs.
Built in 1971, the property and the Harding Glen complex may require more frequent maintenance or future capital improvements compared to newer residential developments.
The assigned middle and high schools have low performance ratings (3 and 2 respectively), which may be a significant drawback for families prioritizing educational quality.
Two bedroom, two bathroom condo in the heart of Music City. You're close to the action without being downtown! As you travel down Harding Place smelling the grills of foods from all over the World, you'll feel the diverse rhythm of Nashville calling you - at an incredibly affordable price. Whether you're buying as an investor, or as a homeowner, this property makes sense. Median rent for a 2BR or less property in the last 6 months is $1500/month. Special condo financing available through First Choice Lending Services! See if you qualify! Check out our 3D Virtual Tour.
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades 5-8 • 1.7 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 1,096 | 918 | 80% |
| Lot Size | 1,307 | 871 | 73% |
| Price | $130.0K | $167.7K | 33% |
| Price per sq ft | $119 | $183 | 27% |
| Built year | 1971 | 1984 | 20% |
| HOA | $310 | $225 | 80% |
| Days on market | 82 | 283 | 7% |
Jan 31, 2026
$130,000
Initial Listing